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    The Tories using their teeth at last...

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    papa_umau
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    The Tories using their teeth at last...

    Post by papa_umau on Mon 02 Nov 2015, 12:23 pm

    Ofgem told to control the ‘big six’ energy giants or face being cut off

    The energy regulator Ofgem has been warned by the Government that it is in “last chance saloon” and could be scrapped if it fails to shake up Britain’s uncompetitive gas and electricity market.

    Senior ministers have made it clear that unless Ofgem takes swift action to improve competition and curb the profits of the “big six” energy companies, then the future of the regulator itself will be called into question.

    Read about this shocking move in the Independent Newspaper HERE




    Well, there you go then, the Tory government do have the gonads with which to attack the useless watchdogs.

    Anybody ?


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    zathrus
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    Re: The Tories using their teeth at last...

    Post by zathrus on Thu 05 Nov 2015, 1:04 pm

    I am actually shocked and surprised to see the Tories doing something like that, as in the past they have always supported the watchdogs that are part of the government policies to protect us from being treated badly.

    Also, if they were to close down this Ofgem watchdog, I have to ask: what would they put in it's place ?
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    papa_umau
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    Re: The Tories using their teeth at last...

    Post by papa_umau on Fri 06 Nov 2015, 12:16 pm

    A good question Zath'.

    If the present regulator is no use at it's job I cannot see anything else that might be put in the place of OFGEM that will do what the Tories seem to think is the right way to run this service.


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    Angie baby
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    Re: The Tories using their teeth at last...

    Post by Angie baby on Sat 07 Nov 2015, 1:22 pm

    I really cannot see why the Tories did this at all, as they are usually very kind to their friends out there.
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    papa_umau
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    Re: The Tories using their teeth at last...

    Post by papa_umau on Sun 08 Nov 2015, 12:06 pm

    You're right Angie, as there is no doubt that these regulators seem to be in the back pockets of the government.

    All I can think is that this government department could be handed over to a private company to try to improve the way that it regulates gas and electricity.

    I would not put this past the Tories in any way.


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